The Steel PCL (BKK:THE-R) Days Inventory: 35.28 (As of Mar. 2026) — 34% Below Median


BKK:THE-R The Steel PCL BKK:THE-R
28 GF Score
Price ฿0.83
GF Value ฿0.88
! 6 Warning Signs
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What is The Steel PCL Days Inventory?

The Steel PCL BKK:THE-R 28 Days Inventory is 35.28 as of Mar. 2026, which is 34% below its 10-year median of 53.55. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.88. The stock has 6 warning signs investors should review. Among 586 Steel companies, The Steel PCL ranks better than 84.47% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). The Steel PCL's Average Total Inventories for the three months ended in Mar. 2026 was ฿659 Mil. The Steel PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿1,703 Mil. Hence, The Steel PCL's Days Inventory for the three months ended in Mar. 2026 was 35.28.

The historical rank and industry rank for The Steel PCL's Days Inventory or its related term are showing as below:

BKK:THE-R' s Days Inventory Range Over the Past 10 Years
Min: 29.69   Med: 53.55   Max: 77.49
Current: 41.41

During the past 13 years, The Steel PCL's highest Days Inventory was 77.49. The lowest was 29.69. And the median was 53.55.

BKK:THE-R's Days Inventory is ranked better than
84.47% of 586 companies
in the Steel industry
Industry Median: 86.96 vs BKK:THE-R: 41.41

The Steel PCL's Days Inventory declined from Mar. 2025 (54.54) to Mar. 2026 (35.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Steel PCL's Inventory Turnover for the three months ended in Mar. 2026 was 2.59.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. The Steel PCL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.36.


The Steel PCL  (BKK:THE-R) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

The Steel PCL's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

The Steel PCL's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


The Steel PCL Days Inventory Related Terms


The Steel PCL Days Inventory Historical Data

* Premium members only.

The historical data trend for The Steel PCL's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Steel PCL Days Inventory Chart

The Steel PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.80 62.37 77.49 54.50 51.98

The Steel PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.54 39.34 45.74 48.15 35.28

BKK:THE-R vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, The Steel PCL's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Steel PCL Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, The Steel PCL's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Steel PCL's Days Inventory falls into.


BKK:THE-R
28GF Score
The Steel PCL BKK:THE-R
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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The Steel PCL Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

The Steel PCL's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1089.885 + 739.127) / 2 ) / 6421.257*365
=914.506 / 6421.257*365
=51.98

The Steel PCL's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (739.127 + 578.109) / 2 ) / 1703.281*365 / 4
=658.618 / 1703.281*365 / 4
=35.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 35.28 mean?
The Steel PCL (BKK:THE-R) has a Days Inventory of 35.28 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The Steel PCL and its competitors. This is 34% below median its historical median of 53.55. Over the past decade, The Steel PCL's Days Inventory has ranged from 29.69 to 77.49. According to the industry distribution chart, The Steel PCL ranks #91 out of 586 companies in the Steel industry, placing it in the top 15.5%.
Is The Steel PCL's Days Inventory too high?
The Steel PCL's current Days Inventory of 35.28 is 34% below median its 10-year median of 53.55. Over the past 10 years, this metric has ranged from a low of 29.69 to a high of 77.49. The Steel industry median Days Inventory is 86.96. The Steel PCL's value of 35.28 is 59.4% below this industry median. Based on the distribution chart, The Steel PCL ranks #91 out of 586 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, The Steel PCL ranks #91 out of 586 companies for Days Inventory. This places The Steel PCL in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.96. The Steel PCL's value of 35.28 is 59.4% below this benchmark. Historically, The Steel PCL's own Days Inventory has ranged from 29.69 to 77.49 over the past decade. While the company's 10-year median is 53.55 vs. the industry median of 86.96, The Steel PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.96, based on 586 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Steel PCL's current Days Inventory of 35.28 is 59.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on The Steel PCL and its competitors. For the Steel industry, the median Days Inventory is 86.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Steel PCL's current Days Inventory is 35.28, which is 34% below median its own 10-year median of 53.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current Days Inventory of 35.28. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.83 — trading 5.4% below its estimated fair value. The current Days Inventory is 35.28, which is 34% below median its 10-year median of 53.55 and 59.4% below the Steel industry median of 86.96. The Steel PCL's overall GF Score™ is 28/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For The Steel PCL (BKK:THE-R), the current Days Inventory is 35.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Steel PCL (BKK:THE-R) Overvalued in 2026?

Based on GuruFocus' analysis, The Steel PCL stock appears to be undervalued. The current stock price of ฿0.83 is trading 5.4% below its estimated GF Value™ of ฿0.88.

Key valuation signals for BKK:THE-R:

  • Days Inventory: 35.28 (34% below median its 10-year median of 53.55)
  • GF Value™: ฿0.88 vs. price of ฿0.83 (5.4% below fair value)
  • GF Score™: 28/100 with 6 warning signs
  • Industry Position: 59.4% below the Steel median (#91 of 586)

No single metric tells the full story. See the BKK:THE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Steel PCL Business Description

Other Exchanges THE:Thailand
Address 7/4, 7/6 Moo 1 Khae rai, Kratumban, Samutsakorn, THA, 74110
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.83
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GF Value